Search
Anchored Shopping Center With Redevelopment
For Sale
Contact for pricing

118-120 Waller Mill Rd, Williamsburg, VA 23185

Multi-tenant retail property with established anchors, flexible space options, and additional outdoor commercial areas.

Property Size1,640 SF
Days on Market761

Property Features for 118-120 Waller Mill Rd

General Information

Standard status Active
Size 1,640 SF
Property subtype RETAIL

Site & Location

Anchor Co-Tenants ashley furniture, ollie's bargain outlet, locke supply
Traffic Count 22,000 vehicles/day
Highway Access Yes
Road Access Yes

Amenities

outside garden area

Building Details

Tenancy Multi
Listing Agency: The Shopping Center Group | Newport News
Listed By: Debbie Mauro
Source: Moodyscre
Added: Aug 2, 2024 Changed: Aug 31 Last Checked: Aug 30 at 10:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Shopping Center Group | Newport News

Investment Insights

Based on property information with market context.

This shopping center includes 1,640 square feet of property area and is undergoing renovation and redevelopment. Available retail spaces range from 1,200 SF to 2,000 SF, with an outside garden area also offered for commercial use. Additional outparcel opportunities measuring 0.78 acres and 0.63 acres are available for sale or lease.

The center is anchored by Ashley Furniture, Ollie's Bargain Outlet, and Locke Supply. Access is provided from I-64 and Richmond Road, also identified as Route 60. Bypass Road carries 22,000 AADT, supporting the property's surrounding commercial setting.

Key Highlights

  • Anchored by Ashley Furniture, Ollie's Bargain Outlet, and Locke Supply
  • Renovation and redevelopment are currently underway
  • Retail spaces range from 1,200 SF to 2,000 SF

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Dental Office Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

654
Businesses Nearby
452k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 44% Shops & Services 17% Groceries 17% Apparel 10%
Food Lion Grocery Store Groceries
39,797 visits/mo 0.5 miles
Marshalls Apparel
33,515 visits/mo 0.4 miles
Aldi Groceries
27,237 visits/mo 0.4 miles
Cracker Barrel Old Country Store Dining
26,287 visits/mo 0.3 miles
McDonald's Dining
22,305 visits/mo 0.5 miles

Demographics for 23185, VA

51,566
Population
22,879
Households
2.3
Avg Household Size
40
Median Age
52%
College-Educated
94%
High-School Grad
57.2 sq mi
ZIP Area
902
Density / Sq Mi
$103,507
Median Household Income
$40,724
Median Earnings
$1,425
Median Rent
$413,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Midtown Row 1260 richmond rd, williamsburg, va 23185
  • Coinstar Kiosk | Bitcoin ATM Food Lion, 1234 Richmond Rd, Williamsburg, VA 23185
  • The Shops at High Street 1430 High St, Williamsburg, VA 23185
  • Kingsgate Green 118 Waller Mill Rd, Williamsburg, VA 23185

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail property with established anchors, flexible space options, and additional outdoor commercial areas.
Where is this shopping center located?
The property is located at 118-120 Waller Mill Rd Williamsburg, VA.
What are key features of this property?
This property features: Anchored by Ashley Furniture, Ollie's Bargain Outlet, and Locke Supply; Renovation and redevelopment are currently underway; Retail spaces range from 1,200 SF to 2,000 SF
(757) 722-2500 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message